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Bank failure · TX

First City, Texas - Central Park (San Antonio, TX) — failed April 20, 1988

First City, Texas - Central Park of San Antonio, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Central (TX) took over its insured deposits. At failure it held $177.3M in assets and $170.2M in deposits. The FDIC's estimated loss on the failure is $26.0M (14.6% of assets).

Closing date
April 20, 1988
FDIC certificate #
19810
Resolution
A/A (assistance)
Acquiring institution
First City, Texas - Central
Insurance fund
FDIC

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